Tristate Capital Holdings (TSC) trailing twelve month income statement covering six trailing twelve month periods to March 31, 2022, as reported to the SEC.
An income statement shows what a company sold and what it cost to run the business, ending with the profit left over.
| Mar'22 | Sep'21 | Jun'21 | Mar'21 | Dec'20 | Sep'20 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Interest income: | |||||||||||||||||||||
Loans and leases | |||||||||||||||||||||
- | 204,247 | 195,432 | 191,107 | 200,839 | 212,487 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Loans and leases | - | 204,247 | 195,432 | 191,107 | 200,839 | 212,487 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Investments | |||||||||||||||||||||
- | 13,364 | 12,574 | 12,777 | 14,032 | 15,355 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Investments | - | 13,364 | 12,574 | 12,777 | 14,032 | 15,355 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Interest-earning deposits | |||||||||||||||||||||
- | 651 | 773 | 1,001 | 2,224 | 3,717 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Interest-earning deposits | - | 651 | 773 | 1,001 | 2,224 | 3,717 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total interest income | |||||||||||||||||||||
- | 218,262 | 208,779 | 204,885 | 217,095 | 231,559 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total interest income | - | 218,262 | 208,779 | 204,885 | 217,095 | 231,559 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Interest expense: | |||||||||||||||||||||
Deposits | |||||||||||||||||||||
- | 43,447 | 46,865 | 52,712 | 69,202 | 87,085 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deposits | - | 43,447 | 46,865 | 52,712 | 69,202 | 87,085 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Borrowings | |||||||||||||||||||||
- | 10,516 | 10,808 | 10,495 | 9,949 | 9,528 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Borrowings | - | 10,516 | 10,808 | 10,495 | 9,949 | 9,528 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total interest expense | |||||||||||||||||||||
- | 53,963 | 57,673 | 63,207 | 79,151 | 96,613 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total interest expense | - | 53,963 | 57,673 | 63,207 | 79,151 | 96,613 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net interest income | |||||||||||||||||||||
- | 164,299 | 151,106 | 141,678 | 137,944 | 134,946 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net interest income | - | 164,299 | 151,106 | 141,678 | 137,944 | 134,946 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Provision for credit losses | |||||||||||||||||||||
- | 3,292 | 10,722 | 16,631 | 19,400 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Provision for credit losses | - | 3,292 | 10,722 | 16,631 | 19,400 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Provision (credit) for loan and lease losses | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Provision (credit) for loan and lease losses | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net interest income after provision for credit losses | |||||||||||||||||||||
- | 161,007 | 140,384 | 125,047 | 118,544 | 117,790 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net interest income after provision for credit losses | - | 161,007 | 140,384 | 125,047 | 118,544 | 117,790 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Non-interest income: | |||||||||||||||||||||
Net gain (loss) on the sale and call of debt securities | |||||||||||||||||||||
- | 263 | 3,974 | 3,890 | 3,948 | 3,885 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net gain (loss) on the sale and call of debt securities | - | 263 | 3,974 | 3,890 | 3,948 | 3,885 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Bank owned life insurance income | |||||||||||||||||||||
- | 1,963 | 1,779 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Bank owned life insurance income | - | 1,963 | 1,779 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other income (loss) | |||||||||||||||||||||
- | 432 | 500 | 673 | 419 | -451 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other income (loss) | - | 432 | 500 | 673 | 419 | -451 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total non-interest income | |||||||||||||||||||||
- | 56,728 | 59,387 | 57,540 | 57,205 | 56,693 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total non-interest income | - | 56,728 | 59,387 | 57,540 | 57,205 | 56,693 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Non-interest expense: | |||||||||||||||||||||
Compensation and employee benefits | |||||||||||||||||||||
- | 81,217 | 78,040 | 73,672 | 71,197 | 69,248 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Compensation and employee benefits | - | 81,217 | 78,040 | 73,672 | 71,197 | 69,248 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Premises and equipment expense | |||||||||||||||||||||
- | 5,585 | 5,553 | 5,895 | 5,875 | 5,706 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Premises and equipment expense | - | 5,585 | 5,553 | 5,895 | 5,875 | 5,706 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Professional fees | |||||||||||||||||||||
- | 7,784 | 7,070 | 6,055 | 6,201 | 6,657 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Professional fees | - | 7,784 | 7,070 | 6,055 | 6,201 | 6,657 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
FDIC insurance expense | |||||||||||||||||||||
- | 5,545 | 7,200 | 8,635 | 9,680 | 9,590 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
FDIC insurance expense | - | 5,545 | 7,200 | 8,635 | 9,680 | 9,590 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
General insurance expense | |||||||||||||||||||||
- | 1,310 | 1,241 | 1,178 | 1,142 | 1,120 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
General insurance expense | - | 1,310 | 1,241 | 1,178 | 1,142 | 1,120 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
State capital shares tax expense | |||||||||||||||||||||
- | 2,822 | 2,398 | 1,987 | 1,720 | 1,495 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
State capital shares tax expense | - | 2,822 | 2,398 | 1,987 | 1,720 | 1,495 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Travel and entertainment expense | |||||||||||||||||||||
- | 2,523 | 2,360 | 2,000 | 2,423 | 3,141 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Travel and entertainment expense | - | 2,523 | 2,360 | 2,000 | 2,423 | 3,141 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Technology and data services | |||||||||||||||||||||
- | 14,570 | 12,872 | 11,599 | 10,803 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Technology and data services | - | 14,570 | 12,872 | 11,599 | 10,803 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Intangible amortization expense | |||||||||||||||||||||
- | 1,911 | 1,912 | 1,920 | 1,944 | 1,969 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Intangible amortization expense | - | 1,911 | 1,912 | 1,920 | 1,944 | 1,969 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Marketing and advertising | |||||||||||||||||||||
- | 3,275 | 2,685 | 2,473 | 2,402 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Marketing and advertising | - | 3,275 | 2,685 | 2,473 | 2,402 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Change in fair value of acquisition earn out | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Change in fair value of acquisition earn out | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other operating expenses | |||||||||||||||||||||
- | 11,605 | 10,235 | 9,823 | 9,716 | 5,405 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other operating expenses | - | 11,605 | 10,235 | 9,823 | 9,716 | 5,405 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total non-interest expense | |||||||||||||||||||||
- | 138,147 | 131,566 | 125,237 | 123,103 | 118,786 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total non-interest expense | - | 138,147 | 131,566 | 125,237 | 123,103 | 118,786 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Income (loss) before tax | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Income (loss) before tax | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Income before tax | |||||||||||||||||||||
- | - | 68,205 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Income before tax | - | - | 68,205 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Income tax expense | |||||||||||||||||||||
- | 11,983 | 11,287 | 8,811 | 7,412 | 8,468 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Income tax expense | - | 11,983 | 11,287 | 8,811 | 7,412 | 8,468 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net income | |||||||||||||||||||||
- | 67,605 | 56,918 | 48,539 | 45,234 | 47,229 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net income | - | 67,605 | 56,918 | 48,539 | 45,234 | 47,229 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Preferred stock dividends | |||||||||||||||||||||
- | 11,220 | 10,085 | 8,970 | 7,873 | 7,848 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Preferred stock dividends | - | 11,220 | 10,085 | 8,970 | 7,873 | 7,848 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net income available to common shareholders | |||||||||||||||||||||
- | 56,385 | 46,833 | 39,569 | 37,361 | 39,381 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net income available to common shareholders | - | 56,385 | 46,833 | 39,569 | 37,361 | 39,381 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Earnings per common share: | |||||||||||||||||||||
Basic (in dollars per share) | |||||||||||||||||||||
0.49 | 0.46 | 0.42 | 0.36 | 0.37 | 0.26 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Basic (in dollars per share) | 0.49 | 0.46 | 0.42 | 0.36 | 0.37 | 0.26 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Diluted (in dollars per share) | |||||||||||||||||||||
0.48 | 0.44 | 0.41 | 0.35 | 0.36 | 0.26 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Diluted (in dollars per share) | 0.48 | 0.44 | 0.41 | 0.35 | 0.36 | 0.26 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Investment management fees | |||||||||||||||||||||
Total non-interest income | |||||||||||||||||||||
- | 36,451 | 35,110 | 33,397 | 32,035 | 32,333 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total non-interest income | - | 36,451 | 35,110 | 33,397 | 32,035 | 32,333 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Service charges on deposits | |||||||||||||||||||||
Total non-interest income | |||||||||||||||||||||
- | 1,327 | 1,185 | 1,175 | 1,072 | 979 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total non-interest income | - | 1,327 | 1,185 | 1,175 | 1,072 | 979 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Swap fees | |||||||||||||||||||||
Total non-interest income | |||||||||||||||||||||
- | 13,778 | 14,672 | 14,612 | 16,274 | 15,542 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total non-interest income | - | 13,778 | 14,672 | 14,612 | 16,274 | 15,542 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Commitment and other loan fees | |||||||||||||||||||||
Total non-interest income | |||||||||||||||||||||
- | 2,083 | 1,724 | 1,622 | 1,715 | 1,799 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total non-interest income | - | 2,083 | 1,724 | 1,622 | 1,715 | 1,799 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||